Office-Improved Flex
14340 Elsworth Street Units B112-113, Moreno Valley, CA 92553
For Sale
Contact for pricing
A divided office and warehouse layout includes private offices, a conference room, open bullpen space, and two grade-level loading doors.
Property Size3,402 SF
Price / SF$287.77
Days on Market11
Property Features for 14340 Elsworth Street Units B112-113
General Information
Standard status
Size
Property subtype
Warehouse & Industrial
Warehouse Space
Office Build-Out
Drive-In Doors
Additional Details
Asking Price
Highway Access
Property Use
Listing Agency:
RJ Realty
Listed By:
RICKY LEE · License #01932116
(909) 348-3956
Source:
Crexi
Added: Oct 30
Changed: Nov 8
Last Checked: Nov 8 at 4:17PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RJ Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This flex condominium at Moreno Corporate Center contains approximately 3,402 square feet, divided between about 2,200 square feet of office space and 1,200 square feet of warehouse area. The office portion has four private offices, a conference room, an open bullpen, and two restrooms. The warehouse is finished with vinyl plank flooring and drywall-covered walls, with two grade-level roll-up doors for access.
The property is part of a five-building business park at Elsworth Street and Cactus Avenue in Moreno Valley. It is less than a mile from the I-215 and Cactus Avenue interchange, across from March Air Reserve Base, and about two miles south of SR-60.
The property is part of a five-building business park at Elsworth Street and Cactus Avenue in Moreno Valley. It is less than a mile from the I-215 and Cactus Avenue interchange, across from March Air Reserve Base, and about two miles south of SR-60.
Key Highlights
- Approximately 3,402‑square‑foot flex condominium
- About 2,200 SF of improved office area and 1,200 SF of warehouse space
- Office layout includes four private offices, a conference room, open bullpen, and two restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,485
Cap Rate
4.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$789,700
$789.7K
Cap Rate 7%
$564,071
$564.1K
Cap Rate 9%
$438,722
$438.7K
Market Conditions
NOI Build-Up for 3,402 SF
Gross rent
$65.3K $19.20/SF
− Vacancy
−$4.6K −$1.34/SF
EGI
$60.7K $17.86/SF
− OpEx
−$21.3K −$6.25/SF
NOI
$39.5K $11.61/SF
Area
Moreno Valley, CA
Vacancy
7.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$789,700
Cap Rate 7%
$564,071
Cap Rate 9%
$438,722
Alternative Uses
Best Use
Flex RnD
$564.1K
$493.6K – $658.1K
NOI $39,485 @ 7.0% cap · market cap 4.03%
Second Best
Warehouse
$546.7K
$478.4K – $637.8K
NOI $38,268 @ 7.0% cap · market cap 3.91%
Theoretical Best
Office A
$1.17M
$1.02M – $1.36M
NOI $81,614 @ 7.0% cap · market cap 8.34%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
685
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 92553, CA
76,761
Population
20,175
Households
3.8
Avg Household Size
30
Median Age
13%
College-Educated
74%
High-School Grad
10.3 sq mi
ZIP Area
7,453
Density / Sq Mi
$71,344
Median Household Income
$36,525
Median Earnings
$1,892
Median Rent
$413,000
Median Home Value
Market
Average Price Trend$/SF for Flex space in Riverside County, CA
Properties on Market for Flex space in Riverside County
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Flex space - A divided office and warehouse layout includes private offices, a conference room, open bullpen space, and two grade-level loading doors.
Where is this flex space located?
The property is located at 14340 Elsworth Street Units B112-113 Moreno Valley, CA.
What is the asking price?
The asking price for this property is $979,000.
What are key features of this property?
This property features: Approximately 3,402‑square‑foot flex condominium; About 2,200 SF of improved office area and 1,200 SF of warehouse space; Office layout includes four private offices, a conference room, open bullpen, and two restrooms
